[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.18969 and 1.19187.

- Support line of 1.18265  and 1.18047.

Commentary/ Reason:

- The euro inched up to $1.1885, having gained for four straight sessions until Monday.

- The common currency was supported after the ECB showed no apparent sign of stemming the single currency’s appreciation.

- Also, demand for the safe haven currency eased amid the rise in equities.

EURUSD

 

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.91069 and 0.91247.

- Support line of 0.90493 and 0.90315.

Commentary/ Reason:

- The dollar held steady against the safe-harbour Swiss franc at 0.9069.

USDCHF

 

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.29320 and 1.29817.

- Support line of 1.27713 and 1.27217.

Commentary/ Reason:

- The British pound bounced back to $1.2858, following a 3.66% fall last week, showing limited reaction after the UK government won an initial Parliamentary vote on its controversial bill to violate the Brexit deal with the European Union.

- Still, traders said the currency looks vulnerable as the EU warns British Prime Minister Boris Johnson’s bill would collapse trade talks and propel the United Kingdom towards a messy Brexit. 

GBPUSD